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Owners Should Pay For Their Own Stadiums
Wednesday, April 26, 2006, 11:38 AM EST
[NFL]
The lengths at which a professional sports owner will go to turn a profit are getting out of hand. Stadiums built as recently as the mid-70's are now considered out of date and the owners of these stadiums are demanding their own customers-the taxpayers-pay for the upgrade.
Part of being an entrepreneur is assuming your own risks. That's why owners are billionaires; they take the most risk, they make the most money. An owner should make more than a player, for players don't set forth on a business plan, buy the property, or hire a staff.
But taxpayers pay for the stadium. If part of my taxes goes towards building a new stadium in my local town, I can't help but feel like I'm a part owner. I feel like I should get a piece of the profits, or at least get a 35% discount on tickets and concessions.
I've never heard of Kerasotes threatening to move their movie theatre across the country if the city doesn't plan on paying for the construction of a brand new 36-screen building with luxury seating and valet parking. I don't understand what makes a sports owner think they are any different.
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